ARKO Corp. opens its second fas craves location in Mechanicsville, Virginia, enhancing convenience store offerings with a focus on food.
Quiver AI Summary
ARKO Corp., a major convenience store operator in the U.S., has opened its second fas craves location in Mechanicsville, Virginia, enhancing its food-first concept aimed at improving customer experience. The store officially opened on August 6, 2025, and will host a grand opening celebration with promotions from September 17-30. The fas craves menu features hot and cold grab-n-go items like crispy chicken biscuits and various beverages, appealing to busy consumers. This location boasts a modern layout and upgraded facilities to provide a brighter shopping experience. Additionally, the store offers special deals for opening and promotes its fas REWARDS® loyalty program, which provides fuel savings for customers. ARKO continues to expand its innovative store concepts, following the recent launch of a new Handy Mart in Kinston, NC.
Potential Positives
- ARKO Corp. is expanding its fas craves concept with the opening of a second location, enhancing its brand presence and market reach.
 - The new store showcases an innovative food-first approach, catering to modern consumer preferences for convenience and quality.
 - The grand opening celebration includes special promotions and community events, which can attract local customers and foster goodwill in the community.
 - The integration of the fas REWARDS® loyalty program encourages customer retention and incentivizes repeat business by offering fuel discounts.
 
Potential Negatives
- Potential risks related to the company’s ability to maintain its Nasdaq listing, which could affect investor confidence and stock performance.
 - Forward-looking statements highlight uncertainty and risks that could lead to actual results differing materially from expectations, reflecting a lack of predictability in future performance.
 - Dependence on the success of a transformation plan and market conditions raises concerns about the company’s strategic direction and execution capabilities.
 
FAQ
What is fas craves by ARKO Corp?
fas craves is an innovative food-first concept featuring a menu of hot and cold grab-n-go items for busy consumers.
Where is the new fas craves location?
The second fas craves location is in Mechanicsville, Virginia, at 7559 Cold Harbor Road.
When did the fas craves store open?
The Mechanicsville fas craves location opened on August 6, 2025.
What promotions are available at the new fas craves store?
Customers can enjoy exclusive food deals and special promotions during the grand opening celebration from September 17–30.
How can customers save on fuel at fas craves?
Customers can save up to $2 per gallon of gas by enrolling in the fas REWARDS® loyalty program and entering their phone number at the pump.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ARKO Hedge Fund Activity
We have seen 68 institutional investors add shares of $ARKO stock to their portfolio, and 63 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CANNELL CAPITAL LLC removed 550,974 shares (-20.3%) from their portfolio in Q1 2025, for an estimated $2,176,347
 - BRIDGEWAY CAPITAL MANAGEMENT, LLC added 538,044 shares (+inf%) to their portfolio in Q1 2025, for an estimated $2,125,273
 - DIMENSIONAL FUND ADVISORS LP added 458,021 shares (+24.7%) to their portfolio in Q1 2025, for an estimated $1,809,182
 - RAYMOND JAMES FINANCIAL INC added 382,549 shares (+685.2%) to their portfolio in Q1 2025, for an estimated $1,511,068
 - EMPOWERED FUNDS, LLC added 338,044 shares (+inf%) to their portfolio in Q1 2025, for an estimated $1,335,273
 - PRELUDE CAPITAL MANAGEMENT, LLC removed 297,187 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $1,173,888
 - VOYA INVESTMENT MANAGEMENT LLC removed 270,351 shares (-91.9%) from their portfolio in Q1 2025, for an estimated $1,067,886
 
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ARKO Analyst Ratings
Wall Street analysts have issued reports on $ARKO in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Raymond James issued a "Strong Buy" rating on 05/09/2025
 
To track analyst ratings and price targets for $ARKO, check out Quiver Quantitative's $ARKO forecast page.
$ARKO Price Targets
Multiple analysts have issued price targets for $ARKO recently. We have seen 3 analysts offer price targets for $ARKO in the last 6 months, with a median target of $7.5.
Here are some recent targets:
- Kelly Bania from BMO Capital set a target price of $5.0 on 05/12/2025
 - Bobby Griffin from Raymond James set a target price of $10.0 on 05/09/2025
 - Mark Astrachan from Stifel set a target price of $7.5 on 02/27/2025
 
Full Release
  
 
RICHMOND, Va., Aug. 11, 2025 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO), a Fortune 500 company and one of the largest convenience store operators in the United States, proudly announces the opening of its second fas craves location, located in Mechanicsville, Virginia, at 7559 Cold Harbor Road. This site is part of ARKO’s ongoing initiative to elevate the customer experience through remodeled stores featuring its innovative food-first concept, fas craves.
This location opened to customers on August 6, 2025, and will host a grand opening celebration from September 17–30, offering special promotions and community events.
This store is centered around a crave-worthy menu of hot and cold grab-n-go items designed for today’s busy consumer. Whether it’s a quick breakfast, a convenient lunch, or an afternoon snack, fas craves offers delicious, satisfying options throughout the day.
The fas craves menu includes Hot and Cold Grab-n-Go, Roller Grill, Bakery, and expanded Dispensed Beverages, with standout items like crispy chicken biscuits, zesty potato wedges, mozzarella sticks, jumbo chicken wings, the Ultimate Chicken Tender, Tyson ® chicken sandwiches, and Pub burgers. Beverage choices include nitro cold brew, bean-to-cup fresh hot and iced coffee, iced teas, lemonades, Frazil Slush, and Café Tango frozen coffee.
“This second fas craves location continues to show how we’re transforming the convenience store experience with elevated food options,” said Arie Kotler, President & CEO at ARKO Corp. “With each fas craves store format, we’re giving our customers something new to crave—and a reason to keep coming back.”
The Mechanicsville store has been designed with the customer in mind, featuring an upgraded interior layout, modern digital menu boards, new restrooms, and a cleaner, brighter shopping experience.
To celebrate the opening, customers can enjoy exclusive food deals including two crispy Ultimate Chicken Tenders and a small side of potato wedges for just $4.99, and any fountain drink, tea, or lemonade for only 99 cents.
This second fas craves location marks a continued expansion of the fas craves concept, on the heels of the new to industry Handy Mart that opened in Kinston, NC on July 31, 2025, featuring the fas craves concept.
While enjoying the new delicious food and beverage menu, customers can also take advantage of the exciting Fueling America's Future promotion—saving up to $2 off per gallon of gas by enrolling in the fas REWARDS ® loyalty program, purchasing participating products, and entering their phone number at the pump to watch the savings add up!
  
 
About ARKO Corp .
ARKO Corp. (Nasdaq: ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. Based in Richmond, VA, our highly recognizable Family of Community Brands offers delicious, prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. We operate in four reportable segments: retail, which includes convenience stores selling merchandise and fuel products to retail customers; wholesale, which supplies fuel to independent dealers and consignment agents; fleet fueling, which includes the operation of proprietary and third-party cardlock locations, and issuance of proprietary fuel cards that provide customers access to a nationwide network of fueling sites; and GPM Petroleum, which sells and supplies fuel to our retail and wholesale sites and charges a fixed fee, primarily to our fleet fueling sites. To learn more about GPM stores, visit: www.gpminvestments.com . To learn more about ARKO, visit: www.arkocorp.com .
Forward-Looking Statements
This document includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, the Company’s expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by use of words such as “accretive,” “anticipate,” “aim,” “believe,” “continue,” “could,” “estimate,” “expect,” “guidance,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” “would” and the negative of these terms, and similar references to future periods. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to, among other things, changes in economic, business and market conditions; the Company’s ability to maintain the listing of its common stock and warrants on the Nasdaq Stock Market; changes in its strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; expansion plans and opportunities; changes in the markets in which it competes; changes in applicable laws or regulations, including those relating to environmental matters; market conditions and global and economic factors beyond its control; the success of the Company's transformation plan, including the dealerization of retail stores; and the outcome of any known or unknown litigation and regulatory proceedings.
Detailed information about these factors and additional important factors can be found in the documents that the Company files with the Securities and Exchange Commission, such as Form 10-K, Form 10-Q and Form 8-K. Forward-looking statements speak only as of the date the statements were made. The Company does not undertake an obligation to update forward-looking information, except to the extent required by applicable law.
  
   Media Contact
   
  
  Jordan Mann ARKO Corp.
  
  
   [email protected]
  
 
  
   Investor Contact
   
  
  Sean Mansouri, CFA Elevate IR
  
  (720) 330-2829
  
  
   [email protected]
  
 
  Photos accompanying this announcement are available at:
  
  
   https://www.globenewswire.com/NewsRoom/AttachmentNg/d613f697-fbc7-40ad-89db-8dfdd01691cd
  
 
https://www.globenewswire.com/NewsRoom/AttachmentNg/962e3ba8-f4e2-4459-9c4a-e21290b546e0
https://www.globenewswire.com/NewsRoom/AttachmentNg/e254f218-68b4-4d6f-9f09-2b90a09c2430